#CPIWatch is a symbol for a status or report that focuses on the "Consumer Price Index" (CPI).
๐ What is CPI?
The CPI is a leading indicator used to measure inflation, based on the monetary value of a set of goods and services paid by consumers.
๐ Importance of CPI Watch
- *Impacts financial markets* โ If the CPI rises, monetary policy will tighten (e.g., increase interest rates).
- *Very important in crypto and stock markets* โ If inflation is high, the price of risky assets may fall.
- The CPI report is released *once a month* (for the U.S. โ by the Bureau of Labor Statistics).
